The tax bill, which has now passed in both the Senate and House of Representatives and will make its way to the President’s desk for signature, will have major implications for all taxpayers. As we discussed in our earlier blog post, there are several provisions included in the legislation that may impact the nonprofit sector.
The United States congressional conference committee has released the text from the GOP’s tax legislation. This legislation is likely to be voted on this week, and, as we discussed in our earlier blog post, there are several provisions included in the legislation that may impact the nonprofit sector.
Major revisions in tax law are looming, and it is important for nonprofits to be prepared for changes that could affect them. This overview is designed to explain how the bills (in their current forms) could impact the nonprofit sector.
The Executive Order raises a host of questions for nonprofit organizations. Under what circumstances could the Department of Treasury consider religious organizations to be unlawfully supporting or opposing candidates?
President Trump’s recent statement is raising questions about political activity by houses of worship and other 501(c)(3) nonprofits, as well as the history and content of the amendment itself.